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policy instrument
State aid for BECCS (reversed auction support system)
Jurisdiction countrySweden
Instrument typeprocurement
Authoritygovernment
Scopecarbon removal only
Statusproposed
DetailThis is a Swedish Energy Agency FAQ page. It describes the support system as a proposal: 'The Swedish Energy Agency is proposing a support system for BECCS in the shape of reversed auctioning.' The actor that can capture and store CO2 at the lowest cost wins the auction and receives the state aid. Eligible participants are companies with carbon dioxide emissions of biogenic origin, such as pulp an
Monetary noteNo amount stated. The winning bidder(s) can receive state aid covering the costs of capture, transport and storage. The support can also cover investment and operating costs.
Stated statusproposed
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